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Questions tagged [euro-dollar]

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BonsaiVitality BonsaiVitality Fri Aug 09 2024 | 6 answers 951

What was the original Euro-Dollar exchange rate?

Can you please elaborate on the original Euro-Dollar exchange rate? I'm curious to understand how it was determined and what factors influenced its initial value. Was it set by an international organization, such as the International Monetary Fund, or was it a result of market forces? Additionally, how did the exchange rate evolve over time, and what were the key events or economic factors that contributed to its fluctuations?

What was the original Euro-Dollar exchange rate?

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